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Machine replacement and the business cycle : lumps and bumps

Cooper, Russel John; Haltiwanger, John C.; Power, Laura - In: The American economic review 89 (1999) 4, pp. 921-946

Persistent link: https://www.econbiz.de/10001434094

Machine replacement and the business cycle : lumps and bumps

Cooper, Russell W. - 1995

Persistent link: https://www.econbiz.de/10000922174

Accelerating vehicle replacement and environmenatal protection : the case of passenger cars in Greece

Baltas, Nicholas C.; Xepapadeas, Anastasios - In: Journal of transport economics and policy 33 (1999) 3, pp. 329-342

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Significance and implications of participation in dividend reinvestment plans : empirical research findings

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Machine Replacement and the Business Cycle : Lumps and Bumps

Cooper, Russell - 1995

This paper explores cyclical fluctuations in investment due to discrete changes in the plant's stock of capital. To do so, we focus on a machine replacement problem in which a producer decides whether to replace its entire existing stock of capital with new machinery and equipment. This decision...

Persistent link: https://www.econbiz.de/10012473615